GLOBAL FINANCIAL CRISIS NEEDS HEAVY ARTILLERY!

By:  Joseph Warren

In today’s economic climate, economically, there needs to be a moratorium on the “either-or” attitude and all of the artillery needs to come out.

This is not a time to pick one single plan, it is a time for careful multi-platform ammunition spraying.  Everything that can possibly be done, needs to be done for everyone and each business. 

The global financial climate is now completely clear as the entire world realizes that as America stumbles, so does the global world.  Every country has sustained some type of damage due to ultimately, the greed of the CEO’s and their corporate benefit structures and lack of human principal.  America also became exceptionally unsteady because internal Wall Street rules were removed, ruining the solid base of an unsolid and delicate market.

The global world, is fortunate enough to have the realization and faith and independent funding within each country’s economy to help to alleviate the devastation that could very well have ensued.  But each country is doing their part, or at least contemplating, to positively aid this world crisis.

The nations should feel proud that China has built itself an empire within the last 30 years and gained their rightful stake as qualified independents within the last few years, that they now have the ability and financial strength to own even more of America; and in today’s climate, that’s a good thing.  Because as we all look around, it is very apparent, that we, as a global nation, are all in this together.

There is no Country that is not interdependent upon another country.  Each country has bought and invested into each country’s market for financial gain, and so, today, although it may appear that each country is autonomous, they are not when it comes to financial health, consideration and gains.

So far, America has helped its major financial companies and dissuaded a global collapse, now it needs to help the people. 

America needs to branch-out beyond the mortgage lending behemoths; which it needed to do because certain countries economies were dependant upon those loans.  It needs to let the business world settle down, and set some regulations, implement and re-implement some of the balancing and safeguard regulations that were originally in place and since removed.  And as these rules are set back into place, just as they became necessary because people like Jack Kennedy manipulated the market for “runs” for their own gains, we need to, once again, confront the little greedy children, tell them that lying, cheating and manipulating is bad, and not proper conduct befitting a person of corporate leadership; and, as adults possibly prosecute their wrongdoings.  But prosecution is difficult, because although they are following their by-laws, their by-laws are fundamentally, morally corrupt, yet they still exist on paper.  And poor moral personal and corporate standards will eventually be the signal and the death that something is inherently wrong on a fundamental human, and societal level; whereby our financial leaders believe that the ends justifies the means, and life is all about their dollar and not the shareholder’s or the country’s prosperity.  It needs to be realized that money does make the world go around, that money does bring happiness, and that money is a good thing, but everything from apples to money must be met with moderation.

When the rules are not instilled, followed and respected, it is obvious what happens, the building blocks, no longer in place, collapses.  The behemoths and their corporateers, have lost touch with the real people, or maybe being from the “privileged class” and never knew it, but they need to know now, that the real independent people of America stand for all that is America, independence, freedom of thought and expression, and the right to work.  The greedy believe that financial gains and profits are rightfully “theirs” because it states it is so in their corporate by-laws.  And so, because it is written, it is so.  The Heads and Directors of corporations need to apply their knowledge for the good of the people, community, and shareholders alike, and not for the good of their own portfolio.  After all, they are merely large cogs in the wheel of global financial structures and economic successes.

The nations as a global financial sector have come together in this time of global financial meltdown in the sectors of oil, product and loans, now America needs to do more for the people to get America back to work and working with a positive attitude for a brighter and happier future.  America needs to get back to work, and it may behoove the automakers to restructure their companies including their entitlement and employee affiliations.

Additionally, America needs more than 2 places to put their profits, stocks or real estate – those both went bust!  America needs to bring back long-term bonds, bring back small business funding, bring back real agriculture and farming, stop specific subsidies and let business and products forge their own way; bring back manufacturing; bring back intelligent schooling – our future depends on our educating our children and all children from all walks of life need to be rewarded for their intelligence and fortitude, not penalized for having been born into families who lost their fortune because of financial collapse and can no longer afford a “prestigiously named” college; bring back hope for the future of bright Americans.

One good bank bailout just won’t do it. We need many factors to contribute simultaneously for the well being of the financial global health. 

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